Trend-Following Backtester · Guide · backtest 한국어

equity · KR

에스원 backtest

10 trend-following strategies were compared on the full daily history of 에스원. 0 beat buy-and-hold CAGR; ROC 모멘텀 ranks first by Sharpe, matching the main backtester.

Data 2000-01-04 ~ 2026-07-31daily bars 6,644 (26.6 years)Costs 0.5%Venue XKRXMonthly snapshot 2026-07-31

Results by strategy

0 of 10 beat buy and hold (CAGR 4.6%, drawdown -58.8%).

Sharpe leader (same as main): ROC 모멘텀 — CAGR 1.5%, MDD -68.4%, Sharpe 0.20, 84% exposure.

CAGR reference leader: SMA 크로스오버 — CAGR 1.6%, MDD -71.2%, exposure 56%.

No strategy retained at least 75% of buy-and-hold CAGR while reducing drawdown by both 20% relatively and 5 percentage points absolutely.

The alternative must retain 75% of buy-and-hold CAGR, improve drawdown by at least 20% and 5 percentage points, and stay below 95% exposure; the ranking weights return retention 60% and drawdown improvement 40%.

Strategy · parametersCAGRMDDSharpeCalmarTotalTradesExposure
ROC 모멘텀
n=132, threshold=-0.12
1.5%-68.4%0.200.021.5x16384%
SMA 크로스오버
fast=40, slow=208
1.6%-71.2%0.190.021.5x5456%
EMA 크로스오버
fast=56, slow=172
-0.7%-82.0%0.10-0.010.8x5058%
ADX / DI 방향성
period=35, threshold=20
-0.4%-32.4%0.03-0.010.9x4010%
Donchian 채널 돌파
entryN=76, exitN=73
-2.4%-87.9%0.02-0.030.5x5253%
볼린저 밴드 돌파
n=70, k=2.9
-2.6%-62.3%-0.11-0.040.5x4616%
Supertrend
period=17, mult=4.8
-7.1%-91.2%-0.14-0.080.1x7561%
Keltner 채널 돌파
emaPeriod=62, atrPeriod=26, mult=2.9
-5.0%-81.0%-0.23-0.060.3x8022%
Parabolic SAR
step=0.005, maxStep=0.12
-10.2%-95.3%-0.32-0.110.1x22252%
MACD
fast=14, slow=54, signal=18
-13.7%-98.1%-0.51-0.140.0x36150%
Buy and hold4.6%-58.8%0.300.083.3x1100%
1x 2001 2005 2009 2013 2017 2021 2025 SMA 크로스오버ROC 모멘텀Buy and hold
ROC 모멘텀 (Sharpe leader), SMA 크로스오버 (CAGR reference), Buy and hold.
0% -18% -36% -53% -71% 2001 2005 2009 2013 2017 2021 2025 Buy and holdSMA 크로스오버ROC 모멘텀
ROC 모멘텀 maximum drawdown -68.4% (2016-07-20 → 2023-08-02), prior peak not yet recovered.

Rules of the top strategy

Rides the trend when recent return (momentum) over a window is above a threshold.

Method and caveats

Past performance does not guarantee future returns. Parameters were selected on the same full-history sample using sharpe over 40 trials per strategy, so results contain in-sample bias. 0.5% trading costs are included; taxes, slippage and rejected orders are not.
Re-run the same setupAll asset reports

Read next